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Entrepreneurship Worksheet: Pricing with a Markup

Entrepreneurship lesson 12: Pricing with a markup · Set 51 · 40 questions
TalentJR

Business tip (Cost plus a fair markup): Markup (profit on one) = cost × percent ÷ 100. Selling price = cost + markup. Markup percent = (selling price − cost) × 100 ÷ cost. Check the price against what buyers will pay.

NameDateTime takenScore ___ / 40
  1. 1.One cupcake costs ₹10 to make and Zoya sells it for ₹20. What is the markup in percent?
  2. 2.One potted plant costs ₹20 to make. Arjun adds a 20% markup. What is the selling price (in ₹)?
  3. 3.One jute bag costs ₹48 to make. Riya adds a 50% markup. What is the profit on one (in ₹)?
  4. 4.One cup of lemonade costs ₹48 to make and Kabir sells it for ₹60. What is the markup in percent?
  5. 5.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) cost + a markup (d) copy a rival
  6. 6.One cup of lemonade costs ₹40 to make. Gurpreet adds a 10% markup. What is the selling price (in ₹)?
  7. 7.One cupcake costs ₹44 to make and Tara sells it for ₹66. What is the markup in percent?
  8. 8.One handmade card costs ₹50 to make. Rohan adds a 10% markup. What is the profit on one (in ₹)?
  9. 9.One paper bookmark costs ₹60 to make and Meera sells it for ₹75. What is the markup in percent?
  10. 10.One cupcake costs ₹20 to make. Gurpreet adds a 20% markup. What is the profit on one (in ₹)?
  11. 11.One jute bag costs ₹47 to make and Rohan sells it for ₹94. What is the markup in percent?
  12. 12.🧮 A 50% markup on a ₹20 cost adds… (a) 50 rupees (b) 20 rupees (c) 5 rupees (d) 10 rupees
  13. 13.📉 A price below the cost leads to… (a) free stock (b) a loss (c) break-even (d) a profit
  14. 14.One cupcake costs ₹45 to make. Diya adds a 20% markup. What is the profit on one (in ₹)?
  15. 15.One painted pebble costs ₹15 to make and Ishaan sells it for ₹18. What is the markup in percent?
  16. 16.One cupcake costs ₹10 to make. Tara adds a 10% markup. What is the profit on one (in ₹)?
  17. 17.One fruit cup costs ₹50 to make and Kabir sells it for ₹55. What is the markup in percent?
  18. 18.One potted plant costs ₹16 to make. Joseph adds a 100% markup. What is the selling price (in ₹)?
  19. 19.One handmade card costs ₹60 to make and Vihaan sells it for ₹66. What is the markup in percent?
  20. 20.One bag of popcorn costs ₹45 to make and Lakshmi sells it for ₹90. What is the markup in percent?
  21. 21.One cup of lemonade costs ₹18 to make. Ishaan adds a 50% markup. What is the selling price (in ₹)?
  22. 22.One handmade card costs ₹57 to make. Ananya adds a 100% markup. What is the selling price (in ₹)?
  23. 23.One fruit cup costs ₹30 to make and Kabir sells it for ₹45. What is the markup in percent?
  24. 24.One jute bag costs ₹50 to make. Nisha adds a 10% markup. What is the profit on one (in ₹)?
  25. 25.One jute bag costs ₹50 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
  26. 26.One glass of chai costs ₹44 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
  27. 27.One clay diya costs ₹60 to make and Vihaan sells it for ₹72. What is the markup in percent?
  28. 28.One paper bookmark costs ₹52 to make. Lakshmi adds a 50% markup. What is the profit on one (in ₹)?
  29. 29.One friendship band costs ₹12 to make. Kabir adds a 25% markup. What is the selling price (in ₹)?
  30. 30.One bag of popcorn costs ₹40 to make. Ananya adds a 25% markup. What is the selling price (in ₹)?
  31. 31.One cup of lemonade costs ₹15 to make and Kabir sells it for ₹18. What is the markup in percent?
  32. 32.One handmade card costs ₹48 to make. Riya adds a 25% markup. What is the selling price (in ₹)?
  33. 33.One friendship band costs ₹20 to make. Meera adds a 10% markup. What is the profit on one (in ₹)?
  34. 34.One glass of chai costs ₹40 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
  35. 35.One jute bag costs ₹20 to make and Diya sells it for ₹22. What is the markup in percent?
  36. 36.One glass of chai costs ₹28 to make. Saanvi adds a 50% markup. What is the profit on one (in ₹)?
  37. 37.One handmade card costs ₹19 to make. Diya adds a 100% markup. What is the selling price (in ₹)?
  38. 38.One paper bookmark costs ₹60 to make. Tara adds a 20% markup. What is the profit on one (in ₹)?
  39. 39.One painted pebble costs ₹52 to make and Aarav sells it for ₹104. What is the markup in percent?
  40. 40.One cup of lemonade costs ₹20 to make and Gurpreet sells it for ₹40. What is the markup in percent?

Answer key

  1. 100
  2. 24
  3. 24
  4. 25
  5. cost + a markup
  6. 44
  7. 50
  8. 5
  9. 25
  10. 4
  11. 100
  12. 10 rupees
  13. a loss
  14. 9
  15. 20
  16. 1
  17. 10
  18. 32
  19. 10
  20. 100
  21. 27
  22. 114
  23. 50
  24. 5
  25. 55
  26. 55
  27. 20
  28. 26
  29. 15
  30. 50
  31. 20
  32. 60
  33. 2
  34. 48
  35. 10
  36. 14
  37. 38
  38. 12
  39. 100
  40. 100

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